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Shri Dholaka Teerth

Anshu Jain Appointed co-ceo at Deutsche Bank

Deutsche Bank has appointed Anshu Jain, 48 as
Joint Chief Executive Officer, after long period
of speculation. Anshu Jain will share the
responsibilities with another board member
Jürgen Fitschen. Anshu Jain will run banking
operations in London and New York. Presently,
his investment-banking unit accounts for about
75 percent of the bank’s profits. Anshu Jain is
credited with guiding Bank through the 2008
financial crisis safely. Unlike many other
European and U.S. banks. It is believed that
the bank decided on a dual CEO structure to
avoid major culture shock. Jain is known as
ambitious confident. He has a good vision, he
communicates his vision well, and he’s a good
speaker. Brought up in Delhi, Jain earned a
bachelor’s degree in economics from the
University of Delhi. He moved to the U.S. when
he was 19 and after earning an MBA from the
University of Massachusetts worked at several
U.S. banks before joining Deutsche Bank bank in
London in 1995.